South Central E&S Property Underwriting Manager
About The Position
The South Central E&S Property Underwriting Manager manages the property portfolio and develops strategy with senior management to achieve profitability and revenue goals. The role contributes to the development, implementation, and monitoring of MSIG USA’s E&S Property business plan and underwrites and maintains a personal book of business. The manager recruits, develops, and retains qualified underwriting and support staff; assigns underwriting authority and work based on staff expertise and experience; and oversees workloads and service goals. The position manages underwriting processes and account management in coordination with Risk Engineering, Claims, Marketing, and National Underwriting. It also monitors portfolio and operational performance, maintains quality control and compliance with underwriting guidelines, and addresses customer-related issues to support effective service. MSIG USA is the US-based subsidiary of MS&AD Insurance Group Holdings, Inc., a global property and casualty insurer with operations spanning more than 40 countries and regions. The estimated salary range for this position is $175,000–$260,000 per year. Actual compensation may depend on relevant experience, location, and other job-related factors.
Requirements
- Bachelor’s degree.
- At least 7 years of commercial property and casualty coverage experience.
- At least 3 years of management experience.
- Strong underwriting management skills.
- Demonstrated leadership qualities.
- Ability to perform the essential duties satisfactorily; reasonable accommodations may be provided to enable individuals with disabilities to perform essential functions.
Responsibilities
- Manage the portfolio and contribute to developing, implementing, and monitoring the E&S Property business plan to achieve profitability and growth goals.
- Underwrite and maintain an individual book of business.
- Assign underwriting authority to direct reports based on expertise and manage the process with National Underwriting in accordance with the manager’s own underwriting authority.
- Manage staff work assignments to meet service goals and balance workloads, assigning agency and account responsibilities according to staff knowledge and experience.
- Manage the Account Management process for prospective and in-force accounts in coordination with Risk Engineering, Claims, and Marketing, as appropriate.
- Manage and develop staff in accordance with corporate plans and policies, including administering the Performance Management process.
- Track, monitor, and report on loss activity, marketing activity, gross written premium achievement, and budget and operational issues monthly, as well as provide ad hoc reports as requested.
- Implement and manage quality control processes, including departmental self-audits; report on audits and implement and monitor corrective actions in a timely and effective manner to ensure compliance with MSIG USA’s Underwriting Guidelines.
- Identify and implement training and development needs based on self-audit trends.
- Work with underwriting and marketing staff to develop and manage regional producer relationships.
- Handle customer-related issues between external parties and internal units to support optimal customer service.
- Recruit, develop, and retain qualified underwriting and support staff.
Benefits
- Comprehensive medical, dental, and vision coverage.
- 401(k) with an employer match and profit-sharing contribution.
- Wellness incentive program.
- Life and accidental death and dismemberment (AD&D) insurance.
- Flexible spending programs.
- Short-term and long-term disability plans.
- Paid time off program.
- Paid charitable leave.
- Paid parental leave.
- Tuition reimbursement program.
- Personal auto and homeowners insurance discounts.
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What This Job Offers
Job Type
Full-time
Career Level
Manager
